MBM Master of Business Management
The MBM program at the University of Essex is designed to develop well-rounded business...
MSc International Economics
Colchester Campus
INTAKE: October
Program Overview
The MSc International Economics program at the University of Essex provides students with a solid foundation in economic theory and its application to the global context.
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Economic Theory and Analysis: The program covers fundamental economic theories and concepts, including microeconomics, macroeconomics, econometrics, and international trade and finance. Students develop a strong analytical toolkit to analyze economic phenomena, assess policy implications, and understand global economic interdependencies.
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Global Economic Issues: The program delves into the study of global economic issues, such as international trade, economic integration, foreign direct investment, exchange rates, and international financial markets. Students gain insights into the challenges and opportunities arising from globalization and learn to evaluate the impact of economic policies on national and international economies.
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Quantitative Methods: The program emphasizes the use of quantitative methods and data analysis techniques in economic research. Students learn to apply econometric models, conduct empirical analysis, and interpret economic data. This enhances their ability to analyze economic phenomena and make informed policy recommendations.
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Applied Economic Analysis: The program incorporates applied economic analysis, allowing students to apply economic theories to real-world scenarios. Case studies, research projects, and simulations provide practical exposure to economic decision-making, policy formulation, and evaluation of economic outcomes.
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International Perspective: The program adopts an international perspective, examining economic issues from a global standpoint. Students explore the dynamics of international trade, economic development, regional integration, and the role of international institutions. They gain a nuanced understanding of the complexities of the global economy and the implications for policy-making.
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Research Dissertation: Students undertake a research dissertation, allowing them to explore a specific area of international economics in-depth. Under the guidance of faculty members, students conduct independent research, analyze data, and present their findings. This research experience enhances their research skills and prepares them for further academic study or careers requiring strong analytical abilities.
Location
Colchester Campus
Score
IELTS 6.5
Tuition Fee
£ 20350
Postgraduate Entry Requirements:
- Applicants should have successfully completed a bachelor's degree or its equivalent from a recognized institution with a minimum overall score of 50 to 55% or equivalent.
- English language proficiency is required, and applicants must provide evidence of their English language skills through an approved language test.
- IELTS: A minimum overall score of 6.5 with no individual component below 6.0.
- TOEFL: A minimum overall score of 90.
- PTE Academic: A minimum overall score of 62 with no individual score below 51.
- Some postgraduate programs may have specific subject prerequisites or additional requirements.
Students must provide:
- academic marksheets & transcripts
- letters of recommendation
- a personal statement - SOP
- passport
- other supporting documents as required by the university.
Work experience: Some postgraduate courses may require relevant work experience in the field.
It is important to note that entry requirements may vary across different programs and courses. Additionally, meeting the minimum entry requirements does not guarantee admission, as the university considers factors such as the number of available places and competition for certain courses.
The University of Essex offers a range of scholarships and financial support options to assist students in their academic journey. These scholarships are designed to recognize and reward academic excellence, promote diversity and inclusion, and provide assistance to those facing financial challenges.
- Academic Excellence Scholarships: The university offers scholarships to outstanding students who demonstrate exceptional academic achievements. These scholarships are typically merit-based and provide financial support towards tuition fees or living expenses.
- International Scholarships: The University of Essex provides scholarships specifically designed for international students. These scholarships aim to attract and support talented students from around the world. Eligibility criteria and award amounts may vary, and they may cover a portion of tuition fees or provide assistance with living expenses.
- Subject-specific Scholarships: Some departments and schools within the university offer scholarships tailored to specific academic disciplines. These scholarships are often awarded to students with exceptional academic records or those who demonstrate a strong commitment to their field of study.
- Access and Participation Scholarships: The university is committed to promoting diversity and inclusion. It offers scholarships and financial support to students from underrepresented backgrounds, including those from low-income families or individuals who are the first in their family to attend university.
- Government-funded Scholarships: In addition to internal scholarships, the University of Essex provides information and guidance on scholarships and funding opportunities offered by external organizations and government agencies. These scholarships may be available to students based on factors such as nationality, field of study, or research interests.
- Sports Scholarships: The university recognizes the importance of sports and offers scholarships to talented athletes who demonstrate exceptional sporting abilities. These scholarships provide financial support along with access to sports facilities, training programs, and dedicated support services.
It is important to note that scholarship availability, eligibility criteria, and application processes may change over time.
The MSc International Economics program equips graduates with a range of skills and knowledge that are highly sought after in various professional contexts.
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International Organizations: Graduates can work for international organizations such as the United Nations, World Bank, International Monetary Fund, or regional development banks. They can contribute to economic policy research, development projects, and analysis of global economic trends.
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Government and Policy-making: Graduates can pursue careers in government departments, central banks, or ministries of finance or trade. They can work as economic analysts, policy advisors, or researchers, providing economic insights for policy formulation and evaluation.
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Financial Institutions: Graduates can find employment in commercial banks, investment firms, or financial consultancy firms. They can work as economists, analysts, or risk managers, providing economic analysis and forecasting for investment decisions, risk assessment, or financial planning.
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International Trade and Business: Graduates can work in multinational corporations, trade associations, or consulting firms specializing in international trade. They can contribute to market analysis, trade policy development, or strategic planning for global business expansion.
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Research and Academia: Graduates can pursue further academic study at the doctoral level, leading to careers in research and academia. They can work as research economists, professors, or lecturers, conducting economic research, publishing scholarly articles, and teaching economics.
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Think Tanks and Policy Institutes: Graduates can work in think tanks or policy institutes, conducting economic research and analysis on specific policy areas. They can contribute to evidence-based policy recommendations, economic forecasting, and evaluation of policy outcomes.
